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New York Businesses For Sale

Banquet Restaurant & Grille

Location  New York,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $530791
Net Profit / Cash Flow  $359322
Cash Flow Type  EBITDA
Seller Finance  No
Year Established  1987
Number of Employees  35 - 49
Relocatable  Not Disclosed
Number of Employees  35 - 49
Real Estate  Owned
Training  It is negotiable as to how long the current own...
Reason for Sale  owner wishes to pursue retirement at this time.

Description  This business was originally established in June of 1987 and has remained under the same ownership ever since its inception. This restaurant and grille specializes in banquet functions that include the use of a large ballroom for banquets and weddings. The ballroom facility is presently set up to hold a maximum of 400 persons. Other services include a full service lunch and dinner restaurant that is served a la carte, and seats up to 100 persons. In addition, a bar is available to 30 seated patrons with a nearby gas fireplace. This company is centralized within a well known community and is situated in a great location for heavy foot and vehicle traffic. It also has excellent room for growth with minimal supplementary expenses needed by new owner. Contact for more information on this Banquet Restaurant & Grille business for sale.

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